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BusinessWeek Ranks Bauer College No. 1 Evening MBA Program In HoustonProgram is ranked No. 27 in U.S. and No. 4 in Southwest region

Houston-

BusinessWeek has recognized the evening MBA program at the C. T.
Bauer College of Business as one of the best in the nation by including it in
the 2007 list of the 30 Best Part-Time MBA Programs.

This survey marks the first time that BusinessWeek has ranked
part-time MBA programs. Bauer College’s program is the only Houston program on
the list and is No. 27 in the United States and No. 4 in the Southwest region.
Only 30 private and public business schools made the list which was culled from
340 programs across the country, ultimately including Bauer as well as the
University of California - Los Angeles, New York University, Wake Forest
University, Washington University, Emory University, University of Chicago and
Boston University, among others.

Bauer was one of four Texas programs recognized, placing higher on the list
than the McCombs School of Business at the University of Texas at Austin, which
ranked No. 30 in the country and No. 5 in the Southwest. University of Texas at
San Antonio ranked No. 26 in the country and Southern Methodist University was
No. 13.

“This ranking signifies a great success by all of our students, faculty and
staff as well as the University and Houston communities,” Dean Arthur D. Warga
said. “We are thrilled to be included in such a prestigious list of schools and
even more excited that this is the first ever BusinessWeek ranking for
our evening MBA program. Our MBA students’ positive feedback about our program
made this ranking possible.”

For nearly 70 years, Bauer has educated business professionals through its
evening MBA program, which is designed to allow students to earn their degrees
while maintaining full-time employment. Students are challenged by other
motivated professionals who have a broad range of academic and occupational
backgrounds that add value to the overall educational experience.

The program is designed to give students a foundation in such areas as
management, accounting, finance, operations management, statistics and
marketing. Students can complete the program and earn degrees in about 30
months. Almost 9,000 students have graduated from the part-time program since
its inception.

The BusinessWeek ranking is a testament to the hard work of all of
those students, as well as the faculty, staff and mentors that guided them along
the way, said Dr. Latha Ramchand, associate dean for graduate and professional
programs.

“We are very pleased that BusinessWeek has ranked us the No. 27
evening MBA program in the nation, and the No. 4 evening MBA program in the
region,” she said. “It is gratifying that the work of our students, faculty and
staff is getting the recognition it truly deserves.”

“After we take a moment to savor and celebrate this honor, we plan to keep
this momentum going and will continue to focus on offering high-quality
educational programs for the Houston community,” Ramchand added.

Rankings MethodologyThe rankings were determined by three
measures, including student surveys completed by more than 3,000 graduate
students across the country. BusinessWeek also assessed an academic
quality score based on average GMAT score, average work experience, the
percentage of tenured faculty, class size, electives and completion rate. The
rankings also considered post-MBA outcomes, which measured how many survey
respondents credit their respective program as being “completely” responsible
for them achieving their goals. The top 30 list can be found at http://bwnt.businessweek.com/interactive_reports/bschool_ptmba_2007/

About the University of HoustonThe University of Houston, Texas’
premier metropolitan research and teaching institution is home to more than 40
research centers and institutes and sponsors more than 300 partnerships with
corporate, civic and governmental entities. UH, the most diverse research
university in the country, stands at the forefront of education, research and
service with more than 35,000 students.

About the C. T. Bauer College of BusinessThe C. T. Bauer College
of Business has been in operation for more than 60 years at the University of
Houston main campus. Through its five academic departments, the college offers a
full-range of undergraduate, masters and doctoral degrees in business. The Bauer
College is fully accredited by the AACSB International – the Association to
Advance Collegiate Schools of Business. In August 2000, Houston business leader
and philanthropist Charles T. (Ted) Bauer endowed the College of Business with a
$40 million gift. In recognition of his generosity, the college was renamed the
C. T. Bauer College of Business.

About the Evening MBA ProgramThe program awarded its first
graduate degree in 1939 and has since graduated almost 9,000 students.
Accredited by the prestigious AACSB International, the Association to Advance
Collegiate Schools of Business, the Houston MBA is the largest MBA program in
the Houston area and one of the largest in Texas. In 2004, Bloomberg Markets
ranked the program 12th in the nation and 5th among public universities in
producing CEOs of S&P 500 companies.

About BusinessWeekBusinessWeek is a global source of trusted
content that informs and inspires business leaders to make smarter decisions in
their professional and personal lives. Founded in 1929 and published by the
McGraw-Hill Companies, BusinessWeek magazine is the market leader, with more
than 4.8 million readers each week in 140 countries. Local language editions
include Chinese, Russian, and Bahasa Indonesian. Launched in 1994,
BusinessWeek.com is the preeminent provider of daily, essential business news,
information, and services to business decision-makers. Reaching 85% of the
nation’s households, BusinessWeek TV delivers important business, consumer and
financial news to television viewers every week.